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\begin{tabular}{lccccccccccccccc} \hline
 & (1) & (2) & (3) & (4) & (5) & (6) & (7) & (8) & (9) & (10) & (11) & (12) & (13) & (14) & (15) \\
VARIABLES & Agrifood & Textilep & Wood & Printing & Chemical & Plastics & Nonmetallic & Primary & Fabricated & Machinary & Computer & Electrical & Transportation & Furniture & Miscellaneous \\ \hline
 &  &  &  &  &  &  &  &  &  &  &  &  &  &  &  \\
Ln Population CMA & 0.375$^a$ & 0.104 & 0.029 & 0.203$^c$ & 0.375 & 0.276$^b$ & -0.035 & -0.013 & 0.140$^b$ & 0.023 & -0.011 & 0.323 & -0.078 & -0.011 & -0.061 \\
 & (0.111) & (0.145) & (0.099) & (0.118) & (0.241) & (0.132) & (0.104) & (0.585) & (0.055) & (0.095) & (0.316) & (0.186) & (0.143) & (0.271) & (0.079) \\
Ln CMA surface area & -0.393$^c$ & -0.051 & 0.009 & -0.189 & -0.383 & -0.242 & 0.059 & 0.144 & -0.091 & 0.084 & -0.050 & -0.613$^b$ & 0.104 & -0.027 & 0.070 \\
 & (0.232) & (0.186) & (0.136) & (0.142) & (0.350) & (0.169) & (0.109) & (0.933) & (0.092) & (0.148) & (0.434) & (0.233) & (0.223) & (0.338) & (0.159) \\
Distance to the closest city centre & -0.051$^a$ & -0.052$^a$ & -0.025$^a$ & -0.028$^a$ & -0.008 & -0.020 & -0.012 & -0.027 & -0.018$^b$ & -0.020$^b$ & -0.021$^c$ & -0.008 & -0.025$^b$ & -0.036$^a$ & -0.032$^b$ \\
 & (0.017) & (0.013) & (0.009) & (0.009) & (0.021) & (0.016) & (0.013) & (0.020) & (0.008) & (0.008) & (0.011) & (0.008) & (0.012) & (0.012) & (0.014) \\
cat0==2 & 1.015$^a$ & 1.129$^a$ & 0.644$^a$ & 1.004$^a$ & 0.904$^a$ & 0.550$^a$ & 0.599$^a$ & 0.358 & 0.593$^a$ & 0.620$^a$ & 0.999$^a$ & 0.756$^a$ & 0.592$^a$ & 0.900$^a$ & 1.143$^a$ \\
 & (0.102) & (0.110) & (0.210) & (0.090) & (0.132) & (0.130) & (0.141) & (0.307) & (0.100) & (0.124) & (0.254) & (0.210) & (0.205) & (0.094) & (0.134) \\
cat0==3 & -0.051 & -0.131 & -0.237 & -0.001 & -0.421$^b$ & -0.173$^a$ & -0.460$^b$ & -0.527$^c$ & -0.118 & -0.098 & -0.023 & -0.154 & -0.412 & 0.374 & 0.112 \\
 & (0.160) & (0.176) & (0.232) & (0.073) & (0.203) & (0.061) & (0.189) & (0.268) & (0.152) & (0.118) & (0.154) & (0.206) & (0.263) & (0.282) & (0.225) \\
\\# neighbors & -0.544$^a$ & -0.450$^a$ & -0.272$^a$ & -0.459$^a$ & -0.419$^a$ & -0.386$^a$ & -0.525$^a$ & -0.310$^b$ & -0.586$^a$ & -0.433$^a$ & -0.462$^b$ & -0.234 & -0.568$^a$ & -0.699$^a$ & -0.460$^a$ \\
 & (0.064) & (0.065) & (0.061) & (0.040) & (0.057) & (0.083) & (0.152) & (0.141) & (0.076) & (0.042) & (0.174) & (0.163) & (0.081) & (0.228) & (0.033) \\
\\# neighbors$^{2}$ & 0.067$^a$ & 0.053$^a$ & 0.010 & 0.035$^a$ & 0.055$^a$ & 0.031 & 0.055 & 0.010 & 0.072$^a$ & 0.037$^a$ & 0.021 & 0.002 & 0.040 & 0.169 & 0.041$^a$ \\
 & (0.018) & (0.010) & (0.009) & (0.009) & (0.012) & (0.020) & (0.069) & (0.025) & (0.021) & (0.010) & (0.062) & (0.043) & (0.025) & (0.104) & (0.003) \\
\\# neighbors$^{3}$ & -0.003$^b$ & -0.002$^a$ & 0.000 & -0.001$^b$ & -0.003$^a$ & -0.001 & -0.001 & 0.000 & -0.003$^c$ & -0.001$^b$ & 0.003 & 0.001 & -0.001 & -0.019 & -0.001$^a$ \\
 & (0.001) & (0.001) & (0.000) & (0.000) & (0.001) & (0.001) & (0.008) & (0.001) & (0.002) & (0.001) & (0.007) & (0.004) & (0.002) & (0.014) & (0.000) \\
\\# neighbors$^{4}$ & 0.000 & 0.000$^a$ & -0.000 & 0.000 & 0.000$^a$ & 0.000 & -0.000 & -0.000 & 0.000 & 0.000$^c$ & -0.000 & -0.000 & 0.000 & 0.001 & 0.000$^a$ \\
 & (0.000) & (0.000) & (0.000) & (0.000) & (0.000) & (0.000) & (0.000) & (0.000) & (0.000) & (0.000) & (0.000) & (0.000) & (0.000) & (0.001) & (0.000) \\
Ln Employment & 0.582$^a$ & 0.671$^a$ & 0.589$^a$ & 0.667$^a$ & 0.614$^a$ & 0.599$^a$ & 0.584$^a$ & 0.424$^a$ & 0.620$^a$ & 0.639$^a$ & 0.641$^a$ & 0.699$^a$ & 0.476$^a$ & 0.711$^a$ & 0.724$^a$ \\
 & (0.033) & (0.036) & (0.053) & (0.028) & (0.056) & (0.025) & (0.040) & (0.093) & (0.022) & (0.032) & (0.065) & (0.049) & (0.042) & (0.057) & (0.021) \\
hoffice==2 & 0.061 & -0.030 & 0.202 & 0.092 & 0.192$^c$ & 0.166 & 0.164 & 0.510 & -0.084 & 0.059 & 0.146 & 0.178 & -0.024 & -0.209 & 0.042 \\
 & (0.129) & (0.120) & (0.216) & (0.184) & (0.104) & (0.115) & (0.131) & (0.360) & (0.068) & (0.071) & (0.204) & (0.127) & (0.143) & (0.170) & (0.117) \\
exports==2 & -0.113 & -0.125 & -0.092 & -0.076 & 0.045 & -0.100 & -0.201 & -0.266 & -0.140$^b$ & -0.035 & 0.014 & 0.014 & 0.124 & -0.130 & -0.152$^b$ \\
 & (0.101) & (0.087) & (0.111) & (0.148) & (0.137) & (0.072) & (0.137) & (0.281) & (0.064) & (0.064) & (0.065) & (0.138) & (0.139) & (0.161) & (0.070) \\
\\# functions in the estab. & 0.054 & 0.020 & -0.042 & 0.104 & 0.177 & -0.085 & -0.067 & 0.096 & 0.044 & 0.131$^a$ & -0.061 & -0.106 & -0.198$^b$ & 0.043 & 0.016 \\
 & (0.052) & (0.096) & (0.091) & (0.168) & (0.111) & (0.058) & (0.106) & (0.229) & (0.052) & (0.033) & (0.122) & (0.121) & (0.085) & (0.236) & (0.067) \\
\\# 4-digit NAICS & 0.127$^b$ & -0.069 & 0.089$^c$ & -0.008 & -0.029 & 0.092$^a$ & -0.097 & 0.147 & -0.002 & -0.000 & -0.001 & 0.173$^b$ & -0.018 & -0.039 & -0.072$^a$ \\
 & (0.062) & (0.050) & (0.049) & (0.070) & (0.061) & (0.033) & (0.063) & (0.150) & (0.021) & (0.029) & (0.083) & (0.071) & (0.088) & (0.100) & (0.022) \\
\\# products & -0.042$^b$ & 0.032 & 0.018 & -0.008 & -0.002 & 0.008 & 0.066$^c$ & 0.011 & 0.002 & 0.010 & 0.003 & -0.033 & 0.039 & 0.005 & 0.028$^a$ \\
 & (0.018) & (0.033) & (0.030) & (0.015) & (0.030) & (0.011) & (0.038) & (0.060) & (0.011) & (0.008) & (0.024) & (0.026) & (0.059) & (0.043) & (0.009) \\
Ln Distance to major airport & 0.005 & 0.039 & -0.054 & 0.214 & 0.089 & 0.204$^a$ & -0.156$^c$ & -0.081 & 0.121 & 0.084 & 0.135 & 0.273$^c$ & 0.118 & -0.004 & 0.054 \\
 & (0.229) & (0.076) & (0.089) & (0.139) & (0.105) & (0.041) & (0.084) & (0.158) & (0.074) & (0.150) & (0.204) & (0.130) & (0.120) & (0.087) & (0.085) \\
Ln Distance to major seaport & -0.231 & -0.204$^b$ & -0.052 & -0.152$^b$ & -0.335$^b$ & -0.086 & -0.121 & -0.163 & -0.173$^b$ & -0.224$^b$ & -0.195$^c$ & -0.383$^a$ & -0.253$^b$ & -0.111 & -0.172$^b$ \\
 & (0.140) & (0.088) & (0.107) & (0.071) & (0.126) & (0.094) & (0.092) & (0.134) & (0.074) & (0.105) & (0.094) & (0.093) & (0.093) & (0.148) & (0.076) \\
Ln Distance to freight station & -0.037 & -0.012 & 0.025 & -0.055 & -0.081 & -0.047 & -0.003 & -0.073 & -0.020 & -0.026 & -0.107 & -0.141$^b$ & 0.091 & 0.059 & -0.001 \\
 & (0.088) & (0.101) & (0.081) & (0.102) & (0.100) & (0.076) & (0.054) & (0.136) & (0.070) & (0.030) & (0.067) & (0.065) & (0.054) & (0.074) & (0.110) \\
Ln Distance to junction & -0.015 & 0.027 & 0.003 & 0.036 & 0.065 & -0.009 & -0.013 & 0.074 & -0.015 & 0.056 & 0.043 & -0.060 & -0.048 & 0.044 & 0.127$^b$ \\
 & (0.063) & (0.026) & (0.062) & (0.055) & (0.039) & (0.031) & (0.051) & (0.110) & (0.066) & (0.046) & (0.042) & (0.057) & (0.075) & (0.045) & (0.047) \\
 &  &  &  &  &  &  &  &  &  &  &  &  &  &  &  \\
Observations & 819 & 570 & 501 & 722 & 430 & 541 & 386 & 112 & 1,298 & 1,060 & 295 & 252 & 291 & 416 & 904 \\
R-squared & 0.587 & 0.706 & 0.544 & 0.635 & 0.576 & 0.604 & 0.596 & 0.552 & 0.552 & 0.583 & 0.729 & 0.709 & 0.565 & 0.606 & 0.586 \\
 r2\_p & . & . & . & . & . & . & . & . & . & . & . & . & . & . & . \\ \hline
\multicolumn{16}{c}{ Robust standard errors in parentheses} \\
\multicolumn{16}{c}{ $^a$ p$<$0.01, $^b$ p$<$0.05, $^c$ p$<$0.1} \\
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